University of Kwazulu-Natal

Shareholders General Information Kia Global Brand Site

Bonisiwe Shabane
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shareholders general information kia global brand site

Turnout Rate : Number of shares present / Total number of outstanding shares with voting rights We are committed to protecting the rights of the Company’s minority shareholders, whose rights are set forth below. In accordance with the Commercial Code, shareholders who own more than 1.5% of outstanding shares with voting rights of the Company for more than six months may request to convene extraordinary general meetings. In accordance with Article 363-2 and Article 542-6 of the Korean Commercial Act, any shareholder holding no less than 3% of the total number of issued shares, or any shareholder holding no less than... The Board of Directors shall include such proposals in the agenda of the general meeting of shareholders and state them in the convocation notice, except where the content of the shareholder proposal violates laws... If requested by the proposing shareholder, the main contents of the proposal shall also be stated in the convocation notice, and the proposing shareholder shall be given the opportunity to explain the proposal at...

The Transparent Management Support Team is responsible for handling shareholder proposals. Upon receipt of a proposal, the team verifies shareholder eligibility, conducts a legal review of the proposed agenda item, and notifies the proposing shareholder of receipt in writing or by electronic document. (Address: 12, Heolleung-ro, Seocho-gu, Seoul 06797 Republic of Korea, Compliance Management Team / kiacm@kia.com) We are committed to protecting the rights of the Company’s minority shareholders, whose rights are set forth below. In accordance with the Commercial Code, shareholders who own more than 1.5% of outstanding shares with voting rights of the Company for more than six months may request to convene extraordinary general meetings. In accordance with the Commercial Code and the Articles of Incorporation, shareholders who own more than 0.5% of outstanding shares with voting rights for more than six months may present shareholder proposals at an...

The Board shall accept the proposal as an agenda item of a general meeting of shareholders, state the item in the notice of convocation of the meeting, except where such proposal is in violation... When requested by the shareholder who made the proposal, the details of the agenda item shall be stated in the notice of the meeting, and the shareholder will be given the opportunity to present... Compliance Management Team is responsible for tasks related to agenda proposals by shareholders. Once a proposal is submitted, the shareholder will be identified, a legal review will be conducted, and then a letter or electronic notice will be sent to the shareholder to verify submission. (Address: 12, Heolleung-ro, Seocho-gu, Seoul 06797 Republic of Korea, Compliance Management Team / kiacm@kia.com) Kia is one of the most recognized car manufacturers in the world.

But many people still wonder who owns Kia and how the brand fits into the global auto industry. This article explores Kia’s history, ownership, shareholders, and brands in detail. Kia was founded in 1944 in South Korea. It started as Kyungsung Precision Industry, producing bicycle parts and steel tubing. In 1952, the company changed its name to Kia Industries and began making motorcycles and trucks. By the 1970s, it had entered the car manufacturing business.

The 1990s were challenging for Kia. After filing for bankruptcy during the Asian financial crisis in 1997, Kia was acquired by a fellow South Korean automaker, Hyundai Motor Company. Since then, Kia has transformed into a global brand, producing stylish, reliable, and innovative vehicles. To provide you with a more responsive and personalized service, this site uses cookies. By clicking "Accept", you agree to our use of cookies. For more information on the ones we use and how to delete or block them please read our policy.

Kia Corporation today announced its 2024 annual and fourth quarter business results, highlighting strong performance amid uncertain global market conditions. Kia recorded its highest annual global sales of 3,089,300 units in 2024, a 0.1 percent increase year over year. The company’s annual revenue also increased 7.7 percent to KRW 107.45 trillion. Operating profit climbed to KRW 12.67 trillion, up 9.1 percent compared with 2023, with an operating profit margin of 11.8 percent. In 2024, Kia not only exceeded KRW 100 trillion of annual revenue for the first time, but also achieved its highest annual global sales, operating profit, and operating profit margin. This was due to the company’s highest ever global sales, an enriched product mix centered on high-margin and high-value-added models, and favorable exchange rates.

In the fourth quarter of 2024, Kia reported global sales of 769,985 units, a five percent increase over its 2023 performance. Sales outside of Korea stood at 629,051 units, a 5.8 percent increase year over year, with sales of 140,934 units in Korea, a 1.6 percent increase. Those who love cars more than anything else The Board of Directors is a permanent governing body of the corporation, consisting of all directors elected by the general meeting of shareholders. It is responsible for making strategic decisions on the execution of the company's business. Our Board of Directors is composed of 4 internal directors and 5 independent directors.

Internal directors are appointed at the general meeting of shareholders upon the recommendation of the Board, while independent directors are appointed through the resolution of the general meeting of shareholders based on the recommendation... At the top of the decision making hierarchy within the Kia organization, the Board of Directors (BoD) fits the specific requirements of the automotive business. To ensure timely and quick decision-making, the CEO chairs the BoD at Kia. In addressing concerns over potential interference in the independence of the BoD, a protocol measure is in place that provides agenda items and other related information to all BoD members at least seven days... The compensation for internal and independent directors is paid in installments, based on internal standards such as the executive compensation policy which considers position and tenure. All payments are made within the total compensation limit approved by a resolution of the General Meeting of Shareholders.

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The Transparent Management Support Team Is Responsible For Handling Shareholder

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